Senior Digital Product Owner - Lending

About the role

As a Senior Product Owner for Lending, you will provide strategic leadership and oversight of digital product initiatives in RBC's Banking & Lending business within US Wealth Management. You will align product strategy with lending objectives and drive innovation across the digital client experience and lending solutions portfolio, with a focus on Tailored and Securities Based Lending.

Responsibilities

• Strategic Leadership
  • Define digital product strategy for lending products including Securities Based and Tailored Lending
  • Establish product roadmaps aligned with lending business goals and customer needs
  • Identify market opportunities in alternative lending and credit products
  • Drive innovation in customer-facing and internal lending platform experiences
  • Ensure compliance with banking regulations, anti-money laundering (AML), and consumer protection frameworks
• Team Leadership & Development
  • Provide coaching on product strategy, regulatory requirements, and banking industry best practices
  • Foster collaboration between product, compliance, risk, fraud prevention, and business teams
• Portfolio & Financial Management
  • Oversee lending product portfolio performance and ROI
  • Manage budget for technology used for lending products
  • Prioritize investments based on customer value, revenue impact, and strategic fit
  • Present business cases to secure funding for digital transformation and product innovation
  • Monitor product profitability, cost structures, and operational efficiency
• Stakeholder & Executive Engagement
  • Report to Banking & Lending leadership on product performance, market trends, and competitive positioning
  • Manage relationships with key stakeholders including Banking/Lending Product team, vendors, IT/App Dev partners, compliance, and risk teams
  • Communicate product vision and roadmap across the organization
  • Represent product function in regulatory and strategic business discussions
  • Ensure alignment with RBC's broader digital and lending strategy
• Process & Governance
  • Establish product management frameworks aligned with banking regulations and RBC governance standards
  • Implement decision-making structures for product launches and feature prioritization
  • Ensure compliance with federal banking regulations, consumer protection laws, and fair lending requirements
  • Drive continuous improvement in product development processes while maintaining security and data privacy standards
  • Coordinate with Security, Compliance, Risk, and Fraud Prevention teams on product initiatives
  • Support product documentation and audit requirements

Requirements

• Bachelor’s degree, preferably in business, finance, or technology
• 7+ years of product management experience in financial services (banking, lending, or consumer finance)
• 5+ years leading product management teams
• Proven track record of scaling digital products in highly regulated banking environments
• Strong understanding of banking industry and lending operations
• Experience navigating regulatory compliance, risk management, and consumer protection in financial services
• Excellent strategic thinking and executive communication abilities
• Deep knowledge of agile and digital product development methodologies

Benefits

• A comprehensive Total Rewards Program including competitive compensation and flexible benefits
• 401(k) program with company-matching contributions
• Health, dental, vision, life, and disability insurance
• Paid-time off
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to build close relationships with clients
• Potential to earn more through RBC’s discretionary variable compensation program based on business performance and individual goals

Pay

The expected salary range for this position is $100,000–170,000, depending on experience, skills, and registration status, market conditions, and business needs.

Schedule

Full-time, 40 hours per week.